Question

five factor must be considered when choosing a form of ownership

Answer 1

Answer:

In American tax liabilities are different for each type of corporation. I am not an account but if you are doing a business that will pretty much be you and let’s say one others person with revenue less then 250k it is common to go with an LLC or S corp. A C Corp is more common for a larger company. IT IS WORTH A ONE HOUR MEETING WITH AN ACCOUNTANT TO DETERMINE THIS